Gum Market: Leading Regions and Market Trends
Geographical Analysis and Market Highlights 2021-2025
The gum market is set to post an incremental growth of $ 5.68 bn, accelerating at a CAGR of almost 3.42% during the forecast period. Our market investigates the key markets and the factors that are likely to boost growth along with challenges that need to be surpassed to promote success in the market. The report also provides an analysis of key segments and offers competitive benchmarking of the key market players and their product portfolios.
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Gum Market: Europe to lead market growth during the forecast period
- Europe emerged as the leading geographical segment in recent years and is expected to contribute 28% of the market growth during the forecast period. This report provides an accurate prediction of the contribution of all the geographic segments to the growth of the gum market size.
- One of the key drivers that is likely to drive market growth is the new product launches. This report provides a detailed analysis of all the trends that are likely to influence the growth of individual segments within the market as well as the overall market. These insights will equip clients with all the information they need to plan COVID-19 recovery and growth strategies.
- The report segments the market by Product (Chewing gums and Bubble gums), Type (Sugared gums and Sugar-free gums), and Geography (APAC, Europe, North America, MEA, and South America). A detailed analysis of each segment and its contribution to the market share is provided along with factors that are likely to boost the market growth.
Gum Market: Vendor Landscape
FITGUM, Functional Gums Srl, Hager and Werken GmbH and Co. KG, Lotte Confectionery Co. Ltd., Mars Inc., Med CBDX, Mondelez International Inc., Simply Gum Inc., and The Hershey Co.are some of the major market participants. The market is fragmented, and the growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions.
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The report provides insights into the following FAQs:
- What is the market CAGR?
The market is accelerate at a CAGR of almost 3.42%.
- What is the incremental growth of the market?
The market is expected to grow by $ 5.68 bn through 2021-2025.
- What is a key factor driving this market?
New product launches will drive market growth over the forecast period.
- What are the key regions covered in this market research report?
APAC, Europe, North America, MEA, and South America are the key regions featured in this research report.
- Which is the leading geographic region for this market:
28% growth will originate from Europe
- Who are the leading market vendors?
The leading vendors in this market are FITGUM, Functional Gums Srl, Hager and Werken GmbH and Co. KG, Lotte Confectionery Co. Ltd., Mars Inc., Med CBDX, Mondelez International Inc., Simply Gum Inc., and The Hershey Co.
- What are the market segments covered in this report?
The market is segmented by Product (Chewing gums and Bubble gums), Type (Sugared gums and Sugar-free gums), and Geography (APAC, Europe, North America, MEA, and South America).
Market Segmentation by Product
- Gum Market Split by Product
- Gum Market Split by Type
- Sugared gums
- Sugar-free gums
- Gum Market Split by Geography
- APAC
- Europe
- North America
- MEA
- South America
Customer landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2020-2025
- MEA - Market size and forecast 2020-2025
- Europe - Market size and forecast 2020-2025
- North America - Market size and forecast 2020-2025
- South America - Market size and forecast 2020-2025
- Key leading countries
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
Vendor Landscape
- Competitive scenario
- Vendor landscape
- Landscape disruption
Vendor Analysis
- FITGUM
- Functional Gums Srl
- Hager and Werken GmbH and Co. KG
- Lotte Confectionery Co. Ltd.
- Mars Inc.
- Med CBDX
- Mondelez International Inc.
- Simply Gum Inc.
- The Hershey Co.
Gum Market | Growth and Analysis
Recovery and Growth Insights for 2021-2025
Gum market is set to post an incremental growth of $ 5.68 bn during 2021-2025. The market will progressing at a CAGR of almost 3.42% during the forecast period. Our analysts provide a detailed understanding of the market focusing on the latest trends, and drivers that are likely to impact growth. This analysis will enable business leaders to strategize and plan for further growth of their business.
Rely on our business insights to implement a COVID-19 Recovery Plan: Request for Free Sample Report
Gum Market: Market Segments and Key Trends
The Gum market is segmented by Product (Chewing gums and Bubble gums), Type (Sugared gums and Sugar-free gums), and Geography (APAC, Europe, North America, MEA, and South America). Europe led the market with 28% of the market growth set to originate from this region during the forecast period. Lack of efficient chewing gum disposable techniques is one of the challenges that will need to be overcome to drive growth. The research report provides market share projections of each segment along with a detailed analysis of all the factors that are likely to boost growth within specific regions as well as global markets.
Gum Market: Leading Factors to Drive Market Growth
One of the primary factors that will drive market growth is the new product launches. The gum market report provides an understanding of this and all the other drivers that are likely to impact market growth. These insights will enable clients to design growth strategies that will leverage opportunities and neutralize challenges effectively.
Gum Market: Competitive Landscape
The market is fragmented. The research report provides insights into the top market player and their product portfolio along with pipeline analysis of upcoming developments and growth opportunities. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. FITGUM, Functional Gums Srl, Hager and Werken GmbH and Co. KG, Lotte Confectionery Co. Ltd., Mars Inc., Med CBDX, Mondelez International Inc., Simply Gum Inc., and The Hershey Co. are some of the major market participants.
For more insights on this market: Download a Free Sample Report
Gum Market: Key Highlights of the Report for 2021-2025
- CAGR of the market during the forecast period 2021-2025
- Detailed information on factors that will drive gum market growth during the next five years
- Precise estimation of the gum market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the gum market industry across APAC, Europe, North America, MEA, and South America
- A thorough analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of gum market vendors
The report provides insights into the following FAQs:
- What is the market CAGR?
The market is accelerate at a CAGR of almost 3.42%.
- What is the incremental growth of the market?
The market is expected to grow by $ 5.68 bn through 2021-2025.
- What is a key factor driving this market?
New product launches will drive market growth over the forecast period.
- What are the key regions covered in this market research report?
APAC, Europe, North America, MEA, and South America are the key regions featured in this research report.
- Which is the leading geographic region for this market:
28% growth will originate from Europe
- Who are the leading market vendors?
The leading vendors in this market are FITGUM, Functional Gums Srl, Hager and Werken GmbH and Co. KG, Lotte Confectionery Co. Ltd., Mars Inc., Med CBDX, Mondelez International Inc., Simply Gum Inc., and The Hershey Co.
- What are the market segments covered in this report?
The market is segmented by Product (Chewing gums and Bubble gums), Type (Sugared gums and Sugar-free gums), and Geography (APAC, Europe, North America, MEA, and South America)
